Internship Report on Cost Control and Budgetary Practices of Triple I knitwear Limited

Abstract

This report is concerned about the financial management system particularly to cost control and budget preparation process of Triple I Knitwear Limited. The paper is named Cost Control & Budgetary Practices of Triple I Knitwear Limited. Triple I Knitwear Ltd One of the best readymade garments (RMG) sector company in Bangladesh, has been catering to the international garment market as well as meeting the local requirement. Throughout the internship I was able to witness the entire corporate and financial processes at SAMS…how costs are considered, tracked and controlled in a diversified environment across an entire company. The research result will reveal the company’s budgetting behaviour, allocation of resources, and spending control before finally implementing cost reduction in order to stay profitable in the marketplace. Reporting for this article was supplemented by direct observation, conversations with members of the finance department and company filings.